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Why High Salaries Can Be Bad for Your Business

November 7, 2016

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Everybody loves a good sized paycheck, and if you want to get the best people on board, you need to pay more than your competitors, right? After all, onsite dry cleaning and lunchtime yoga can only go so far in attracting the top talent.

This, of course, is true, but there’s a downside to paying above market rate: You create prisoners.

What is an office prisoner? Consultants Aon Hewitt describe it as “people who stay at their jobs despite feeling unmotivated, disengaged and generally negative about their employers.”

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